Teranga hoping to wipe out net debt of $350m by end...
TERANGA Gold forecast it would be net cash by the end of 2021 assuming gold prices held their current levels.
"At current gold prices, we...
Harmony sets 2021 gold target of 1.3 m oz as looks...
HARMONY Gold estimates that it lost about 160,000 ounces of gold production worth more than R5bn due to the national lockdown.
Harmony Gold CEO, Peter...
Harmony Gold $300m purchase of Mponeng, MWS set to conclude on...
THE acquisition of the west of Johannesburg assets of Mponeng mine and Mine Waste Solutions (MWS) for $300m had been completed by Harmony Gold,...
Global gold miners prefer dividends for fear of repeating yesterday’s growth...
THE world's gold industry is hesitant to embark on new projects preferring to prioritise dividends and other forms of capital return to shareholders, said...
Joint audit clears way for DRC to reimburse VAT payments to...
THE Democratic Republic of Congo (DRC) would reimburse mining companies value added tax (VAT) payments, said Reuters citing Budget Minister, Jean-Baudouin Mayo.
Africa’s top copper producer...
B2Gold to be debt-free by month-end, projects $900m in 2020 operating...
B2GOLD said it would be debt-free later this month once it had repaid its $425m revolving credit facility (RCF).
Commenting in an update, in which...
Harmony Gold to book R1.7bn in gold and currency hedging losses...
HARMONY Gold would book a headline share earnings loss for its 2020 financial year ended June 30 owing to derivative losses totalling R1.7bn, according...
The one time Neal Froneman feared for the future of Sibanye-Stillwater
TWO years ago, following a series of fatal accidents in his company's gold mines, Neal Froneman thought Sibanye-Stillwater might be in financial trouble.
"It was...
PNG seeks control of projects as Harmony/Newcrest wait on Wafi-Golpu mining...
PAPUA New Guinea president, James Marape, upped his administration's strong take on resource nationalism saying the country must be resilient as it negotiated with...
Burkinabe mine hit by deadly jihadist attack to be reopened this...
A GOLD mine in Burkina Faso put into mothballs last year following an attack by terrorists in which 39 employees were killed is scheduled...